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GranMorgu project sets new offshore benchmark for Suriname

Işıl Güneş -
PARAMARIBO, SURINAME - The GranMorgu development in Suriname’s Block 58 is “essentially double” the size of comparable offshore projects in the region, according to Gianluigi Della Rosa, Country Manager for Guyana and Suriname at Saipem.  Speaking at the Suriname Energy,...
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Almost 50% of Suriname’s offshore acreage under contract – Staatsolie

Shikema Dey -
PARIMARIBO, SURINAME - Almost 50% of Suriname’s offshore acreage is now under contract, according to its state oil company, Staatsolie.  Managing Director, Annand Jagesar, provided the update during his welcome address as the 5th Suriname Energy Oil and Gas Summit...
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ExxonMobil drilling Hamlet-1 well in gas-rich southeastern Stabroek Block

OilNOW -
ExxonMobil has started drilling the Hamlet-1 exploration well in the southeastern section of Guyana’s Stabroek Block. This area near the Suriname border has yielded more natural gas than oil in previous discoveries. The Guyanese government is prioritizing the development of...
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Battery system arrives in Guyana for delayed Gas-to-Energy project

OilNOW -
LNDCH4, the U.S. joint venture building an integrated natural gas processing facility at Wales, announced on Friday the arrival of a 30-megawatt backup battery energy storage system (BESS), a critical safeguard designed to ensure uninterrupted power delivery from the...
News

No oil blocks, gas deal to be issued before Guyana’s September elections

Kemol King -
Guyana’s Vice President Bharrat Jagdeo said on Thursday that no new oil block contracts or agreements for a major gas project involving U.S. firm Fulcrum LNG will be signed before the country’s General and Regional Elections scheduled for September...
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SBM Offshore sees major gains from Jaguar, GranMorgu FPSOs in Guyana and Suriname

OilNOW -
SBM Offshore is seeing "great benefits" from its newest Fast4Ward® floating, production storage and offloading vessels (FPSOs), Jaguar for Guyana and GranMorgu for Suriname. According to the company’s 2024 Annual Report, its standardization philosophy is driving results. “The standardization philosophy...
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Westwood expects Petronas to conduct more exploration drilling offshore Suriname this year

OilNOW -
Malaysian state oil firm Petronas is expected to conduct more exploration drilling at Suriname’s offshore Block 52 this year after a key 2024 oil discovery in the area raised prospects for future development, energy consultancy Westwood Global Energy Group...
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SBM Offshore targets GHG neutrality by 2025, advances emissions tools in Guyana

OilNOW -
SBM Offshore says it is on track to become greenhouse gas (GHG) neutral from its own operations by 2025 and to use 100% renewable energy by 2030 for scope 1 and 2 emissions. The company has already achieved a...
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400 Guyanese supporting Noble’s offshore operations 

OilNOW -
Noble Corporation says it continues to prioritize the development of Guyanese talent as part of its offshore operations. According to its 2024 Sustainability Report, all offshore assets are staffed with Guyanese doctors. The company said it works with more than...
News

Applications open for GTTCI Instructor roles to support offshore oil training

OilNOW -
The Government of Guyana is inviting applications for eight Instructor positions at the new Guyana Technical Training College Incorporated (GTTCI), currently under construction in Port Mourant, Berbice. The initiative is being spearheaded through the Office of the President. Selected applicants...
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Hammerhead gas to flow through pipeline as soon as project starts

Gas from ExxonMobil’s newly sanctioned Hammerhead development will begin flowing immediately through Guyana’s Gas-to-Energy (GtE) pipeline once production starts...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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